Conférence ACPR - Banque de France “Monitoring large and complex banks”

Paris, 11 décembre 2017, Banque de France conference area

The Autorité de Contrôle Prudentiel et de Résolution and the Financial Stability Directorate of the Banque de France organize a one day conference on “Monitoring large and complex banks”. This joint conference will take place in Paris on December, 11, 2017. The Governor of the Banque de France, Mr. François Villeroy de Galhau, will open and introduce the conference.

To attend this conference, please fill in and return the registration form to conference2017_ACPR_DSF@acpr.banque-france.fr  by November, 31^st.

Program

8:30 - 9:00      Registration & Coffee

9:00 - 9:15      Welcome address: François Villeroy de Galhau, Governor of Banque de France

9:15 - 11:15    Session A - Complexity, Size and Business Models

Chairman: Henri Fraisse (Autorité de Contrôle Prudentiel et de Résolution)

1. "Organizational Complexity and Balance Sheet Management in Global Banks"

Nicola Cetorelli, Linda S. Goldberg (New York Fed)

Discussant: Fabrizio Spargoli (RSM)

2. "Business Complexity and Risk Management: Evidence from Operational Risk Events in U.S. Bank Holding Companies"

Anna Chernobai (Syracuse University), Ali Ozdagli (Boston Fed), Jianlin Wang (Boston Fed)

Discussant: Guillaume Vuillemey (HEC)

3. "Foreign Investment, Regulatory Arbitrage and the Risk of U.S. Financial Institutions"

Scott Frame (Atlanta Fed), Atanas Mihov (Richmond Fed), Leandro Sanz (Richmond Fed)

Discussant: Laurent Weill (Univ. Strasbourg)

11:15 - 11:30  Coffee & Pastries          

11:30 - 12:50 Session B - Dealing with Global Systemic Banks: Have We Done Enough?

Chairman: Laurent Clerc (Banque de France)

1. "Global Banking: Risk Taking and Competition"

Ester Faia (Goethe University Frankfurt), Gianmarco Ottaviano (LSE)

Discussant: Jean-Edouard Colliard (HEC)

2. "Why are Big Banks Getting Bigger?"

Ricardo T. Fernholz (Claremont McKenna College), Christoffer Koch (Dallas Fed)

Discussant: Florian Heider (ECB)

12:50 - 14:00 Lunch Buffet : Espace Restauration of the Conference Center          

14:00 - 16:00 Session C - Supervision and Complexity

Chairman: Olivier de Bandt (Autorité de Contrôle Prudentiel et de Résolution)

1." Multinational Bank and Supranational Supervision"

Giacomo Calzolari (University of Bologna), Jean-Edouard Colliard (HEC), Gyongyi Loranth (CEPR)

Discussant: Alexander Guembel (TSE)

2." Nonconsolidated Affiliates, Bank Capitalization, and Risk Taking"

Di Gong (UIBE), Harry Huizinga (Tilburg University, CEPR) and Luc A. Laeven (ECB)

Discussant: Enrico Sette (Bank of Italy)

3. " Regulatory Capture by Sophistication"

Hendrik Hakenes (CEPR), Isabel Schnabel (University of Bonn)

Discussant: Jean-Charles Rochet (TSE)

Organizing committee: Régis Breton (Banque de France), Laurent Clerc (Banque de France), Olivier de Bandt (ACPR), Henri Fraisse (ACPR)